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Rates & Valuations

Your rates are essentially your investment in the local area. Money gained from rates enables Council to deliver and support a range of local services, manage approximately $1 billion dollars worth of community assets, provide community groups with more than $2 million in annual community grants, and undertake a capital works program of more than $25 million.

Over the past three years, Council has worked hard to prevent any rate rise surprises, maintaining a consistent level of increase averaging five percent p.a. This has been achieved through careful management of operational costs and the development of a strategic ten year financial plan.

$61.44 million or 58.97% of Council’s income is from rates. When you compare that figure to the $106.8 million Council spends on services, facilities and capital works for the community it equates to a 174% return on your investment.

Further information

Access Yarra
Richmond Town Hall
333 Bridge Road Richmond
Telephone 9205 5555
Email info@yarracity.vic.gov.au

Links

Within this site
Yarra City Council
Annual Report, Adopted Budget and Council Plan outlines Yarra's policy priorities, ongoing projects and direction for the next four years.

External sites (Yarra City Council accepts no responsibility for the information or opinions contained within external sites)
Yarra City Council